Word: coals
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Dates: during 1950-1959
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...Load of Coal. After the U.S. got into World War II, Symington set out to make gun turrets for U.S. bombers. During the harried months of the switchover at Emerson, with the Air Corps' General "Hap" Arnold calling him up to plead for "just one turret, just one," Symington worked around the clock. When exhaustion dragged at him, he flopped on a cot in his office. When he woke up, often in the middle of the night, he went back to work. General Arnold got turrets aplenty...
...time coal bin and record storage center has become, this fall, the focus of a new College research project. "Unit B" of the University Health Services, using a $420,000 grant from the National Institutes of Health, has begun a program of testing freshmen to measure psychological and sociological changes during their undergraduate years...
While Government and industry spokesmen worried on about how to solve the crucial problems of the nation's railroads, the Interstate Commerce Commission last week took some levelheaded action. By unanimous vote, ICC approved the merger of two major Eastern seaboard soft-coal carriers, Norfolk & Western and the Virginian, allowed them to form a single system with assets of $970 million and 2,746 miles of track serving six states (see map). It was the biggest consolidation of two independent lines since ICC was formed in 1887, and one that President Stuart T. Saunders, who remains as boss...
Though both lines, with records of solid profits all through the railroad-busting Depression, earned money in 1958 from the coal regions of Virginia and West Virginia ($11.6 million for the Virginian; $43.5 million for the N. & W.), they duplicated one another to the point where the two lines were not, in ICC's words, "in the public interest." Merged, they will economize by consolidating managements and by using the Virginian's better tracks eastward over the Allegheny and Blue Ridge Mountains. The Virginian's coal piers and marshaling yard adjacent to the Norfolk Navy Base will...
...Krause, then proceeded (with Allied permission) to ship $16 million worth of steel to Grermany's Communist zone. His profit: $1,000,000. With the money he bought a steel mill, a rolling mill, a machine shop. During the Korean war, Schlieker shipped millions of tons of U.S. coal to Germany, hundreds of thousands of tons of German steel back to the States at handsome profits. When the war was over, he unloaded 50,000 tons of top-priced steel to desperate Ruhr traders just as the price broke. Said Willy: "You cannot learn hat; you must know...